Newmont Mining News

RANKED: Top 10 lowest cost gold mines on the globe

Barrick's South Arturo loses top spot, two other Barrick mines dropped from top 10 ranking.

Newmont Goldcorp to halt operations at Mexico mine due to blockade

Access to its Peñasquito gold mine is being illegally block by a trucking contractor and some members of the Cedros community.

Still a way to go to achieve gender balance in the mining industry

According to the Responsible Mining Foundation, most of the companies assessed show little or no evidence of efforts to strengthen the gender balance of their leadership and governance teams.

Barrick, Newmont JV completed, world’s largest gold complex is born

The new business, yet to be named, will be owned 38.5% by Newmont Goldcorp and 61.5% by Barrick.

Done deal: Newmont Goldcorp becomes world's No. 1 gold miner

Newmont Goldcorp is now the world’s largest gold producer by market value, output and reserves, as well as the only bullion producer listed on the S&P 500 Index.

Mega-mergers will bring short-lived glory if miners ignore innovation — opinion

Market signals are already showing troubling signs of this shift in the sector.

Newmont-Goldcorp $10B merger to close this week

Deal creates the world’s largest gold producer by market value, output and reserves.

Newmont shareholders overwhelmingly approve $10B Goldcorp takeover, creating world’s top gold miner

Deal creates the world’s largest gold producer by output, robing Barrick of its recently cemented supremacy.

Newmont readies leadership team post-merger with Goldcorp

Newmont's $10-billion acquisition of Canada’s Goldcorp is expected to close in the second quarter of the year.

Newmont offers special dividend if Goldcorp takeover approved

The one-time special dividend, worth $470 million, will be given to Newmont's shareholders only if its friendly takeover of Canada’s Goldcorp is approved.

Paulson opposes Newmont-Goldcorp merger

The holder of over 14 million Newmont shares sent the CEO a letter that outlines how the deal, under the current terms, creates negative value for Newmont shareholders.

Newmont’s Tanami gold mine to curb emissions by 20%

Project included the installation of two power stations, a 66 kV interconnected power line, and a 450 km natural gas pipeline.

Barrick to revise 2019 guidance following Newmont JV

Following its $6.1B merger with Randgold in January, Barrick set a bullish guidance for 2019, forecasting a double-digit jump in output.

Barrick gives up plans to acquire Newmont, will form Nevada JV instead

Under the deal, Barrick will take a 61.5% stake in the joint venture consisting of the duo’s Nevada mines, with Newmont holding the remainder.

'Dance partner' hunt heats up in gold, fueled by megamerger push

The megamerger mania now underway for Newmont Mining Corp., Barrick Gold Corp. and Goldcorp Inc. could force mid-tier companies to team up in order to successfully compete.

Newmont calls Nevada joint venture talks with Barrick 'productive'

Barrick Chief Executive Mark Bristow and Newmont CEO Gary Goldberg met for dinner on Tuesday night in New York.

Barrick open to discuss joint venture in Nevada with Newmont

Chief executive Mark Bristow will discuss a potential JV with rival Newmont only if his company runs the operation.

Newmont rejects $18B hostile bid by Barrick, releases private messages

The US mining giant also fired back with a deal that seeks merging operations in the state of Nevada.

Newmont says going ahead with deal to buy Goldcorp

Newmont rejects Barrick buyout offer, proposes Nevada tie-up.

Barrick said to have no intention to raise Newmont offer

The world’s two largest gold producers have spent this week making their cases to their biggest investors, most of whom own shares in both companies.

Barrick, Newmont step up game to sway top investors

Barrick forecasts over $7 billion in pre-tax savings over 20 years, based on net present value — $4.7 billion of which will come from Nevada.

Barrick-Newmont merger would leave up to $7B of assets up for grabs

The portfolio would include their Kalgoorlie super pit 50/50 joint-venture in Western Australia, as well as other regional assets such as Porgera, Tanami and Boddington mines.

It’s happening — Barrick makes hostile $17.8 billion bid for Newmont

If successful, the move will create the world’s largest gold company with a value of around $42 billion at current market prices.

Barrick on Newmont merger: "No decision at this time"

The Canadian gold giant confirmed it has reviewed the opportunity to merge with the US miner in an all-share deal.

Canadian regulator clears Newmont’s $10B merger with Goldcorp

The companies announced their planned all-share tie-up in January, just two weeks after the Barrick-Randgold merger was finalized.